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Sberbank Upgrades VBI´s Headquarter in Vienna

Published: February 20, 2012; 13:36 · (Vindobona)

After the acquisition of the Austrian VBI, the Russian bank wants to expand massively in Europe.

Sberbank Upgrades VBI´s Headquarter in Vienna / Picture: © Sberbank

Last week, the acquisition of VBI, the former holding company for Eastern Europe held by VBAG, was closed. The Russian Sberbank purchases VBI for € 505m. Thus, Sberbank got access to EU member countries.

The Vice-Chief Executive Officer, Sergey Gorkov explained his expansion plans to the Austrian newspaper „Kurier“. Gorkov emphasized that the headquarters will remain in…

This article includes a total of 258 words.

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